Need an appraisal for an FHA-backed mortgage? Call Morley & McConkieMorley & McConkie is UT state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to hire Morley & McConkie, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Morley & McConkie is well-trained on how to follow the rules and regulations provided. Be sure to contact Morley & McConkie if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply secures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are exceedingly useful to purchasers with less starting income. |